IGM Forex LTD Company Information

IGM FOREX LTD COMPANY INFORMATION

Last updated on November 15th, 2016

The Company

1.1. IGM Forex Ltd (“the Company”) is authorised and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) as a Cyprus Investment Firm (“CIF”) to offer the services and activities enlisted herein in this document, under the Provision of Investment Services, the Exercise of Investment Activities, the Operation of Regulated Markets and Other Related Matters Law 144(I)/2007, as subsequently amended from time to time (“the Law”).

1.2. The Company’s CIF license number is 309/16.

1.3. The Company is registered in Cyprus under the Companies Law, with registration number HE 346738.

2.1. Under its CIF License the Company may offer the following Investment Services:

Reception and transmission of orders in relation to one or more of the Financial Instruments enlisted below.

Execution of orders on behalf of Clients.

Ancillary Services

3.1. Under its CIF License the Company may offer the following Ancillary Services:

Safekeeping and administration of Financial Instruments for the account of Clients, including custodianship and related services such as cash/collateral management.

Granting credits or loans to an investor to allow him to carry out a transaction in one or more Financial Instruments where the Company is involved in the transaction.

Foreign exchange services where these services are connected to the provision of investment services.

Investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments.

Financial Instruments

4.1. Under its CIF license the Company may offer the above investment services in relation to certain Financial Instruments, which have the meaning given to it in paragraph 2 of the Law:

Transferable Securities.

Money-market instruments.

Units in collective investment undertakings.

Options, futures, swaps, forward rate agreements and any other derivative contracts relating to securities, currencies, interest rates or yields, or other derivatives instruments, financial indices or financial measures which may be settled physically or in cash.

Options, futures, swaps, forward rate agreements and any other derivative contracts relating to commodities that must be settled in cash or may be settled in cash at the option of one of the parties (otherwise than by reason of a default or other termination event).

Options, futures, swaps, and any other derivative contract relating to commodities that can be physically settled provided that they are traded on a regulated market and/or a MTF.

Options, futures, swaps, forwards and any other derivative contracts relating to commodities, that can be physically settled not otherwise mentioned in the paragraph above and not being for commercial purposes, which have the characteristics of other derivative financial instruments, having regard to whether, inter alia, they are cleared and settled through recognised clearing houses or are subject to regular margin calls.

Derivative instruments for the transfer of credit risk.

Financial contracts for differences.

Options, futures, swaps, forward rate agreements and any other derivative contracts relating to climatic variables, freight rates, emission allowances or inflation rates or other official economic statistics that must be settled in cash or may be settled in cash at the option of one of the parties (otherwise than by reason of a default or other termination event), as well as any other derivative contract relating to assets, rights, obligations, indices and measures not otherwise mentioned in this Part, which have the characteristics of other derivative financial instruments, having regard to whether, inter alia, they are traded on a regulated market or an MTF, are cleared and settled through recognised clearing houses or are subject to regular margin calls.

Investor Alert: Forex Trading & Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.

FX Trading & CFD trading involve a high level of risks

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IGM Forex Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission - CySEC (CIF Licence number 309/16) and is a Member of the Investor Compensation Fund (ICF).
IGM Forex Ltd is MiFID compliant under the Investment Services and Regulated Market Law of 2007 (Law number: 144(I)/2007).
Risk Warning: Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such products is risky and your losses may exceed of your invested capital. Please read and ensure you fully understand our Risk Disclosure.
Restricted Regions: IGM Forex Ltd does not provide services for citizens/residents of certain regions, such as Canada, Cuba, Iran, Iraq, Japan, Myanmar, North Korea, Sudan, Syria, Poland, Turkey,Belgium,Australia,Israel,The United States.